Amazon No Longer Simply a Retail Biz: Will it Become the Next Apple?

By Rob Scott
December 28, 2011

Amazon’s ongoing large-scale success with CEO Jeff Bezos at the helm has some speculating whether the company could replace Apple on top of the tech world.
Amazon does it all with its retail store, Prime accounts, media streaming, Kindle products, Web hosting service and more.
Tim Fernholz at GOOD Magazine, along with his team, named Amazon the next top tech company: “In the new Internet economy of cloud computing and content distribution, only Amazon is moving with confidence. It has winning products in multiple key sectors and a visionary founder poised to iterate on success.”
Even so, Forbes contributing writer E.D. Kain suggests that “Android may be catching up in terms of the number of installations and apps, but the Google OS is still light years behind Apple’s operating system and only a very small handful of Android phones have come close to the design quality of Apple’s line-up. No tablet, including Amazon’s Kindle Fire, can hold a candle to the iPad.”
Kain adds that it’s interesting to note how Microsoft is not mentioned in this discussion. He also points out how electronics manufacturers such as Samsung, Sony, and LG are left out of the equation. “Amazon, on the other hand, which used to sell primarily books is being crowned the tech company of the future.”

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